Limestone Megamansion in Raleigh, North Carolina, Once Asking $10 Million to Sell at Auction

In the 1980s, the famed actor and director Clint Eastwood spent two years as mayor of Carmel-by-the-Sea, a small California vacation community. Now, the century-old home where he lived during that stint is coming on the market for $21 million. The Hollywood legend—best known for movies like “Dirty Harry,” “The Bridges of Madison County” and “Million Dollar Baby”—lived in the house in the 1980s and 1990s, according to the 2016 book “Historic Homes and Inns of Carmel-by-the-Sea.” The Wall Street Journal

Amid an increase in restrictions on short-term rentals to combat concerns about housing availability and affordability, the vacation-rental industry is increasing their lobbying efforts to curb U.S. lawmakers from enacting more restrictions. This year, growth in short-term rental supply has slowed in 17 of North America’s 30 largest cities, including New York, Los Angeles and Montreal. In the first half of the year, vacation rental companies, like VRBO and Booking Holdings, have spent $1.4 million on lobbying, up 13% from a year ago. Reuters

An office tower in Manhattan’s Midtown South that was one of WeWork’s major New York locations will undergo a condo conversion, becoming the neighborhood’s first office-to-condo redevelopment since the beginning of the Covid pandemic. WeWork once occupied more than 60,000 square feet of the 200,000-square-foot building before the co-working company filed for bankruptcy. Real estate firm Elad Group bought the building for $72 million and plans to convert the 20-story tower into roughly 100 market-rate condos by 2026. New York Post

Of Sydney’s 15 regions, just three have a median house price of under A$1 million (US$662,090). The New South Wales capital’s Eastern Suburbs rank as the priciest region, with a A$3.7 million median house price, a A$10,000 decline from last year. Outer South West, Outer West and Blue Mountains, and Central Coast are the three regions with median home prices below A$1 million, though all three saw prices tick up year over year. Overall, Sydney’s median house price is at A$1.6 million. Domain